Azure App Modernization POC for Financial Services

Speridian Technologies

We demonstrate how modernizing line-of-business apps on Microsoft Azure can help you maximize return on investment and enable you to deliver on customer commitments.

By transforming a select set of your on-premises applications and databases, our cloud transformation experts will work with you to identify modernization goals that impact performance, scalability, security, and cost-efficiency, empowering your organization with a framework you can leverage for future modernization initiatives.

Step 1: Discovery and Assessment

Conduct a comprehensive assessment of your existing application landscape, infrastructure, and business requirements. Identify a subset of applications that will be suitable candidates for modernization. Collaborate with your stakeholders to define clear objectives and success criteria.

Step 2: Solution Design and Planning

Design a tailored modernization plan for the selected in-scope applications, that will address architecture, cloud readiness, scalability, and security. Select the appropriate Azure technologies and tools, such as Azure App Service, Container Apps, OpenAI Service, and other Azure microservices, along with mapping out DevOps practices. Create a detailed roadmap and timeline, including key milestones and deliverables. Capture the current application landscape cost structure to support cost comparisons and value proposition of Azure platform services.

Step 3: Environment Setup

Set up a dedicated Azure environment that accurately reflects your production environment and incorporates the chosen Azure services/workloads. Configure testing, monitoring, and security mechanisms in your Azure environment to ensure the PoC is conducted in a controlled and secure environment.

Step 4: Application Modernization Implementation

Configure Azure microservices architecture to refactor applications in alignment with scalability and modularity targets. Implement DevOps practices for continuous integration, continuous deployment, and automated testing. Configure security measures and validate the effectiveness of enhanced security features. Conduct performance testing to assess how modernized applications perform under various load conditions.

Step 5: Validate Modernization Impact for Each Application

Integration and Interoperability Integration with existing systems and workflows Flexibility and interoperability Cost-Benefit Analysis Performance improvements and cost efficiencies Calculate the return on investment (ROI) and total cost of ownership (TCO) User Experience and Feedback Gather feedback from end-users and stakeholders to evaluate their experience Address any usability concerns and ensure the modernized applications meet user expectations.

Step 6: Knowledge Transfer:

Conduct knowledge transfer sessions to your IT teams. Conduct a thorough review of the proof of concept results with your stakeholders.

Step 7: Define your Modernization Goals Beyond the POC

Based on the POC outcomes and recommendations, we work collaboratively with your team to define next steps for scaling the modernization initiative across your entire application landscape.

Deliverables:

By following our comprehensive App Modernization Proof of Concept approach, we will empower your organization with the knowledge and confidence to embark on a successful and impactful modernization journey by leveraging the following deliverables and outcomes:

  1. Scope: Up to 5 applications re-platformed by using the Microsoft Azure platform.

  2. Application Modernization Framework: summary of the required business outcomes that your organization requires for each modernization dimension to justify modernization investments going forward.

3)Modernized Application Documentation: architectural diagram of the modernized applications and a runbook of ongoing maintenance tasks for the modernized application.

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